Is fast track an Indian company?
Fastrack is an Indian fashion accessory retail brand, launched in 1998 as a sub-brand of Titan Watches. In 2005, Fastrack was spun off as an independent brand targeting the urban youth and growing fashion industry in India. Fastrack began opening retail stores throughout the country.
Who is the owner of Fastrack company?
Fast-track Titan Company Limited is an Indian luxury products’ company that specializes in the production of watches, jewellery, and eyewear. It began as a joint venture with TIDCO and is now a part of the Tata Group. Later in 2005 Fastrack, a line of youth fashion accessories, was introduced.
Is Fastrack a Tata product?
In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack….Titan Company.
|Logo of Titan Company|
|Owner||TIDCO (27.88%) Tata Sons (25.02%)|
|Number of employees||7,500 (2020)|
Is Fastrack Titan company?
Fastrack – India’s largest youth fashion brand|Titan Company.
Who owns Titan company?
Tamil Nadu Industrial Development Corporation
Titan Company/Parent organizations
Does Tata belong to Titan?
Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.
What does Titan company do?
Titan Company is one of India’s prominent lifestyle companies. It is a leading player in the Jewellery, Watches and Eyewear categories with several successful brands. It is the fifth largest integrated own brand watch manufacturer in the world.
Is Sonata owned by Titan?
Titan Company Ltd is the world’s fifth largest wrist watch manufacturer and India’s leading producer of watches. The company is engaged in manufacturing of watches, jewelry, precision engineering and Eyewear. They produce watches under the brand name Titan, Fastrack, Sonata, Nebula, RAGA, Regalia, Octane & Xylys.
Are Titan Watches made in China?
While the company manufactures 70% of watches in India, imports of watches and watch parts make up for 30% of business. “Outsourcing (of watch parts) is becoming expensive, because China is becoming expensive, so we need to start manufacturing in-house.
Is Titan a govt company?
Titan was set up in 1984 as a joint venture between the Tata group and a state govt. While the Tatas own 25.02% stake, the state govt owns 27.88% stake in the company.
Is SF and Sonata same?
SF sub-brand is the evolved version of Sonata’s older Super Fibre range of watches and targets urban male in the age group of 15-26 years, he said.
Is Sonata owned by Tata?
Sonata – A Tata Product – Official Website of Sonata and SF Watches.
What is the history of Fastrack watch?
INTRODUCTION TO THE STUDY Fastrack is one of the leading wrist watch brand in India, Fastrack was launched in 1998. The brand was aimed at the youth segment (15-25 years of age).
Is Fastrack A good brand?
Fastrack was launched in 1998 and became an independent urban youth brand in 2005. Since then, it has carved a niche for itself with watches and sunglasses that are both fashionable and affordable. Fastrack extended its footprint into accessories in 2009 with a range of bags, belts and wallets.
Are customers of Fastrack watches satisfied with customer service personnel?
Only 42% of customers are satisfied with General Behavior of customer service personnel of Fastrack watches, majority of customers are not satisfied because the product range of Fastrack is vast and it is difficult for the service personnel to give proper service aids to Fastrack watches.
What age group is Fastrack aimed at?
The brand was aimed at the youth segment (15-25 years of age). The brand was promoted with the slogan “Cool Watches from Titan‖ Fastrack has an established brand image for quality, price and ranges of style it offers.